Equitable maxims - Study guides, Class notes & Summaries

The primary purposes of the law include all but which one of the following? a. To promote equality and justice in society. b. To allow those with better counsel to have a business advantage. c. To provide a method for resolving disputes. d. To provide a system of order that defines conduct and consequences. e. To promote good faith dealing among merchants. - ANSWER b. To allow those with better counsel to have a business advantage. All of these are primary purposes of the law except __...

BUS13 Exam Questions With Correct Answers False Because of various real-world factors—such as limited resources, opportunistic behavior, and asymmetrical information—the legal environment is full ofuncertainty. This means that laws are not always obeyed or enforced. - answerThe legal environment of business is certain; laws are always obeyed and enforced. False The U.S. Constitution (i.e., constitutional law) the foundation for all other law in the United States and is the supreme l...

WHAT IS EQUITY? OVERVIEW OF PART I 3 Part I of this text examines the nature and current operation of equity. When considering the question ‘what is equity?’, it must be borne in mind that there is no single, definitive answer. The concept of equity has different meanings according to the social, ethical or legal context in which it is examined. Some of the more common interpretations include: symmetry, balance, harmony, morality, justice, fairness, a form of property interest and a ...

14th Amendment - ANSWER passed in 1868 after the Civil War, provides, in part, that "[n]o State shall . . . deprive any person of life, liberty, or property, without due process of law." action at law - ANSWER File a complaint, jury or judge, judgement, monetary damages or property action in equity - ANSWER File a petition, judge, decree, injunction, specific performance, or rescission administrative agency - ANSWER A federal or state government agency created by the legislature to pe...

14th Amendment passed in 1868 after the Civil War, provides, in part, that "[n]o State shall . . . deprive any person of life, liberty, or property, without due process of law." action at law File a complaint, jury or judge, judgement, monetary damages or property action in equity File a petition, judge, decree, injunction, specific performance, or rescission administrative agency A federal or state government agency created by the legislature to perform a specific fun...

This answer played a vital role in my degree - scoring a high mark in the 70s helping me to obtain a 1st for this module overall. This is an in-depth essay discussing a topic in which can be complicated. This is a highly useful document in answering similar questions or just for revision.

WGU Business Law for Accountants - D216 Practice questions for this set Terms in this set (354) 14th Amendment passed in 1868 after the Civil War, provides, in part, that "[n]o State shall . . . deprive any person of life, liberty, or property, without due process of law." action at law File a complaint, jury or judge, judgement, monetary damages or property action in equity File a petition, judge, decree, injunction, specific performance, or rescission WGU Business Law for Account...

A list of maxims and translations that you will likely come across when studying the law of equity and trusts

knowledge of "black-letter" law and what conduct leads to liability is enough - correct answer false areas of law that affect business decision making - correct answer contracts, intellectual property, product liability, torts, sales, internet law (privacy), environmental law torts defined - correct answer common law jurisdiction; a civil wrong that causes someone else to suffer loss primary sources of law - correct answer those that establish the law, such as constitutions, statutes,...

This essay received a first class mark. It discusses exceptions to formalities within trusts and the role of equitable maxims, as well as whether secret trusts are unconstitutional.